26/08/1998 Africa Energy Intelligence N°234

WEST AFRICA

SEMAFO MERGES WITH HIGH DESERT

Montreal-based SEMAFO (Societe d'Exploration Miniere en Afrique de l'Ouest) plans to merge with the U.S. firm High Desert Mineral Resources in a deal that will give shareholders of the latter a 55% stake in the new entity resulting from the tie-up. (...)   [474 words]   [€5]
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